August 25th, 2008

TripHub Reaches Its Final Destination: The Deadpool

TripHub, a Seattle-based group oriented travel site, has closed its doors. We originally covered the company’s beta launch in September 2006, when we described it as a good way to help compile and centralize information for a group trip, but questioned if it was viable as a standalone business, especially against other players in the travel space like Yahoo Travel. The company’s blog post blames the shutdown on a lack of funding, and alludes to a “different outcome” (probably an acquisition offer) that fell through: “Certainly we made mistakes, and unfortunately we were impacted by factors beyond our control including the current economic environment and state of the travel industry. We came close to realizing a different outcome for our venture but, as the saying goes, close doesn’t count. At the end of the day, despite a well-received, market-leading product and early success with strategic partners such as Orbitz and Alaska Airlines, we simply ran out of money to continue executing on our vision.” The company was founded in 2005 by Josh Herst, an early member of the Microsoft Expedia team. Last summer it scored a partnership with major travel planning site Orbitz, but apparently this wasn’t enough to help it break away from a host of competitors in the travel space which include TravelMuse and TripSay. TripHub has been added to the Deadpool. CrunchBase Information TripHub Information provided by CrunchBase → Read More

August 7th, 2006

TripHub brings structure to travel plans

Seattle based TripHub is launching a beta version of its integrated trip planning service on Tuesday. Users can co-ordinate group events, travel plans, lodging and activities. It’s a good service for centralizing lots of information in a structured format for multi-person activities. I’m not sure if it will prove to be a viable stand alone service, but it’s worth a look. Founded in 2005 by a group of Expedia and Microsoft veterans, TripHub has received funding from the Madrona Venture Group. Madrona has funded a number of web startups from the Pacific Northwest, including airfare prediction service Farecast (see our coverage of Farecast). The user interface for TripHub is either clean or sparse, depending on your perspective. Most of the site’s search functions appear to run through affiliate relationships with third party vertical search engines and some are not very compelling. Yahoo Travel is likely what you’ll want to use for travel search, but that’s not where TripHub’s focus is. It’s the structured communication that makes TripHub a useful tool. Managing invitations, RSVPs, an easy blog for each trip, all of these are undoubtedly useful. If Yahoo Travel keeps its current orientation, focused on individuals and sharing media like pictures after a trip, then TripHub could fill an important niche. Yahoo Travel is a moving target, though, as it continues to roll out innovation with more weight behind it than any startup is capable of. TripHub’s business model is based on both affiliate search results and presumably other partnerships. Alaska Airlines has partnered with TripHub and I can imagine that many other organizations focused on tourism could benefit from offering good, clear, easy to use trip planning sections of their websites. Whether they buy instead of building their own would go beyond the scope of this post, but TripHub at launch looks to me like a startup liable to struggle as a stand alone company. Not being a gigantic company like Yahoo! presents a challenge in vertical search like travel and the need to find content to populate a travel itinerary seems likely to lead users away from this site. We just might see the words “powered by TripHub” around other places on the web, though. → Read More

Real-Time
Crunchbase

Durham Graphene Science — Received £1.2M in Seed funding from IP Group Plc
2.13.2012
OpenLabel — Company added to CrunchBase
2.13.2012
2.13.2012
Cidade Internet — Acquired by Populis.
2.1.2012
Jive Software — Went public with stock symbol NASDAQ:JIVE.
2.3.2012
Cidade Internet — Acquired by Populis.
2.1.2012
2.1.2012
2.9.2012
LetsBuy.com — Acquired by Flipkart.
2.9.2012
Cocoafish — Acquired by Appcelerator.
2.9.2012
Durham Graphene Science — Received £1.2M in Seed funding from IP Group Plc
2.13.2012
ClevrU — Received $550k in Unattributed funding
2.10.2012
OpenLabel — Received $80k in Seed funding from Peter Kirwan, Tim Drees, and Doug Taylor
2.10.2012
sneakpeeq — Received $2.67M in Unattributed funding from Bain Capital Ventures, Metamorphic Ventures, Keith Rabois, Tim Kendall, Mike Murphy, and Vikas Gupta
2.10.2012
Noble Biomaterials — Received $8M in Series B funding from Northwater Capital, TL Ventures, and DuPont Capital Management
2.10.2012
2.13.2012
Peter Kirwan — Invested in OpenLabel.
2.10.2012
Doug Taylor — Invested in OpenLabel.
2.10.2012
Tim Drees — Invested in OpenLabel.
2.10.2012
Metamorphic Ventures — Invested in sneakpeeq.
2.10.2012
Jive Software — Went public with stock symbol NASDAQ:JIVE.
2.3.2012
OpenLabel — Company added to CrunchBase
2.13.2012
Bookt — Company added to CrunchBase
2.12.2012
Kigo.Net — Company added to CrunchBase
2.12.2012
LiveRez — Company added to CrunchBase
2.12.2012
Preference Digital — Company added to CrunchBase
2.12.2012
2.12.2012
Metier HR - Cloud Based HR Process Automation Suite — Product added to CrunchBase
2.12.2012
TweepsMap — Product added to CrunchBase
2.12.2012
Wupbox account — Product added to CrunchBase
2.11.2012
Pocketbook (Mobile app, coming soon) — Product added to CrunchBase
2.11.2012
CrunchBase